August 3, 2011
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13:00Now PlayingDemocracyNow.org - President Obama has officially signed legislation to increase the U.S. debt ceiling in time to avoid a national default. The $2.1 trillion deficit-reduction plan cleared its final hurdle in the Senate yesterday, passing with a 74-to-26 vote. Six Democrats and 19 Republicans opposed the measure. Members of the Progressive Caucus and the Congressional Black Caucus rejected the deal because of its massive cuts to domestic spending and lack of tax increases for the wealthy. Among them was Democratic Rep. Donna Edwards of Maryland, who summed up her disappointment on Twitter, writing, "Nada from million/billionaires; corp tax loopholes aplenty; only sacrifice from the poor/middle class? Shared sacrifice, balance? Really?" Democracy Now! speaks with Rep. Edwards about why she voted against the plan.
For the complete transcript, to download the podcast, or for additional reports about the debt debate on Democracy Now!, visit
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